Agmt 2017 Flagship Facility Services, Inc. Citywide Janitorial Services

Home

(B) the Municipal Bond Insurance Policy and the Reserve Fund Policy constitute the legal,valid and binding obligations of the Municipal Bond Insurer, enforceable in accordance with their respective terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws or equitable principles relating to or limiting creditor's rights generally and by the application of equitable principles if equitable remedies are sought, and (C) as to such other matters as the Successor Agency or the Underwriter may reasonably request; (xviii) a certificate of the Municipal Bond Insurer, signed by an authorized officer of the Municipal Bond Insurer,to the effect that: (A) the information contained in the Official Statement relating to the Municipal Bond Insurance Policy and the Reserve Fund Policy is true and accurate, and (B) as to such other matters as the Successor Agency or the Underwriter may reasonably request; (xix) satisfactory evidence that the Bonds have been assigned the insured rating of "AA" from S&P Global Ratings ("S&P") and the underlying rating of from S&P; (xx) a certificate of an officer of Urban Analytics LLC, as fiscal consultant, dated the Closing Date, addressed to the Successor Agency and the Underwriter, to the effect that, to the best of its knowledge, the assessed valuations and other fiscal information contained in the Official Statement, including such firm's Fiscal Consultant's Report attached thereto as Appendix H, are presented fairly and accurately, and consenting to the use of their report as APPENDIX G to the Preliminary Official Statement and the Official Statement; (xxi) evidence of required filings with the California Debt and Investment Advisory Commission; (xxii) defeasance opinions of Bond Counsel with respect to the 2008 Bonds, dated the Closing Date and addressed to the Authority, the Successor Agency,the Trustee and the Underwriter; (xxiii) A certificate of Kitahata & Company (the "Municipal Advisor"), dated the date of the Closing,confirming satisfaction of the savings requirements set forth in section 34177.5(a) of the Dissolution Act and that the Savings Parameters have been achieved, as required by Oversight Board Resolution; (xxiv) a copy of the DOF letter; (xxv) an opinion of Quint & Thimmig LLP, counsel to the Underwriter ("Underwriter's Counsel"), addressed to the Underwriter and dated the Closing Date,in form and substance satisfactory to the Underwriter; and (xxvi) such additional legal opinions, certificates, instruments and other documents as the Underwriter may reasonably deem necessary to evidence the truth and accuracy as of the time of the Closing Date of the representations and -14-